Concirrus ‘doubles down’ on the hardest problems in insurance AI with SkyMiner™, its conversational interface to everything an insurance enterprise knows, where every answer is grounded, cited, and verifiable.

Omaha, NE -- Monday, June 29, 2026 -- Eric Butler, CTO of Applied Underwriters, today announced the launch of SkyMiner™, Concirrus’ new insurance AI product line, which will be available to commercial customers beginning in the third quarter of 2026.

According to Mr. Butler, “We are doubling down on the high-tech aspects of the business: insurance AI today comes in two shapes, and neither owns the thing that matters. Copilots and underwriting workbenches sit on top of a policy-admin system without owning the data beneath them, and horizontal search tools have no model of insurance at all.

“SkyMiner™ is the agentic operating system underneath them: the insurance-native data and context layer that AI agents actually run on. It owns the full stack the others only sit on, from data storage and the document processing that turns raw submissions into structured, cited facts, to a context layer that gives every figure its source and access scope, the business logic of underwriting and cession, a search and agents API, and an interface for each discipline. That is the difference between an agent that is merely fluent and one that is accurate, governed, and auditable.”

He continued, “We have a collective, decisive competitive advantage that comes from the combination of our deep understanding of the insurance business and our technical capabilities deep into the components of AI. Our focus is now on maintaining profitability and driving organic growth. SkyMiner™ marks a new stage in Concirrus’ operating strategy. It is essential that we continue to optimize our core operations and build out a product line that brings true value to the insurance industry and out-competes our rivals.”

Mr. Butler noted Concirrus is proposing to integrate its technology development efforts with Applied ICT’s Manila-based development operation. Applied ICT, headquartered in Manila, develops integrated insurance systems from the ground up for a broad range of insurance businesses and currently serves a large number of third-party insurance customers.

Steve Menzies, Chairman of Applied Underwriters, further noted, “We are pleased to continue our strategic partnership with Concirrus, first announced back in the Spring of 2023. Having provided essentially the ‘Series-B’ funding for Concirrus, that is, support for the company to expand its customer base and core product line while building out requisite resources, we are now progressing into a more nuanced ‘Series-C’ type partnership that focuses on profitability and a trajectory to monetize the created value.”

Mr. Menzies continued, “AI technology frameworks are evolving so quickly in terms of accessibility, capabilities, and complexity that every CEO can quickly find their system engineers and developers obsolete and impediments to continued development.

“In fact, today, there is a relatively low barrier to entry to creating new products, and the field of providers is becoming crowded for much of the simpler AI development. So we now see lots of companies offering solutions for straightforward operational aspects like insurance document ingestion along with some basic rules-based decision making. But we believe that the ultimate winners of that contest will inevitably be the total, integrated system providers.”

Mr. Butler concluded, “To stay ahead, Concirrus will focus on the most technically demanding aspects of the field. For Concirrus, that focus today is SkyMiner™.”

For further information, contact press@auw.com.

About Concirrus (www.concirrus.ai)

Concirrus was founded on a passion to harness data and technology to drive improvements in loss ratios and increase operating efficiency for specialty and commercial insurance. Specifically built for insurance by leading insurance practitioners and technologists, our suite of analytics and digital capabilities are empowering the market. Today, Concirrus is helping commercial insurance clients to accelerate their digital strategies. Our highly configurable datasets, AI analytics, cutting-edge risk modelling and cloud-based architectural solutions, allow clients to build enterprise-grade solutions that deliver ongoing value. 

About Applied Underwriters (www.auw.com)

Applied Underwriters^® is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions. As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength. Applied Underwriters operates widely throughout the US, UK, EU and Middle East. Its operational headquarters is located in Omaha, Nebraska.